Abstract: The OCC, Board, FDIC, and OTS are considering various
revisions to the existing risk-based capital framework that would
enhance its risk sensitivity. These changes would apply to banks, bank
holding companies, and savings associations. The Agencies are
soliciting comments on possible modifications to their risk-based
capital standards that would facilitate the development of fuller and
more comprehensive proposals applicable to a range of activities and
exposures.

Abstract: This proposal would revise guidance of the staffs of the OCC,
Board, and FDIC relating to the community Reinvestment Act to address
topics related to the revisions the agencies made to their regulations
that implement CRA.

Timetable:

Action

Date

FR Cite

Notice

11/10/05

70 FR 68450

Notice Comment Period End

01/09/06

Second Notice

05/00/06

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

URL For More Information:
http://www.fdic.gov/regulations/laws/federal/propose.html

URL For Public Comments:
http://www.fdic.gov/regulations/laws/federal/propose.html

Abstract: In view of the significant Industry consolidation in recent
years, the FDIC is exploring new methods to modernize its deposit
insurance determination process, whereby the insurance status of each
depositor is determined in the event of failure.

Abstract: FDIC is proposing to adopt its own regulation that would
cross reference Regulation W to make it clear that insured State
nonmember banks are subject to the restrictions and limitations, and
may take advantage of the exemptions, contained in Regulation W.

Timetable:

Action

Date

FR Cite

NPRM

03/17/04

69 FR 12571

NPRM Comment Period End

05/03/04

Final Action

07/00/06

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

URL For More Information:
http://www.fdic.gov/regulations/laws/federal/propose.html

URL For Public Comments:
http://www.fdic.gov/regulations/laws/federal/04comfiling.html

Abstract: FDIC published a proposed regulation that would clarify the
insurance coverage of funds subject to transfer or withdrawal through
the use of stored value cards and other nontraditional access
mechanisms. This proposed rule is a revision of a proposed rule
published by the FDIC in April of 2004 (the ``First Proposed Rule'').
See 69 FR 20558 (April 16, 2004). The purpose of the revised proposed
rule (the ``Second Proposed Rule'') is to address certain issues raised
by commenters in response to the original proposal.

Timetable:

Action

Date

FR Cite

NPRM

04/16/04

69 FR 20588

NPRM Comment Period End

07/15/04

Second
NPRM

08/08/05

70 FR 45571

Second NPRM Comment Period
End

11/07/05

Final Action

10/00/06

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

URL For More Information:
http://www.fdic.gov/regulations/laws/federal/propose.html

Abstract: OCC, FRB, FDIC, OTS, and NCUA are publishing for comment
proposed regulations to implement the affiliate marketing provisions in
section 214 of the Fair and Accurate Credit Transactions Act of 2003,
which amends the Fair Credit Reporting Act. The proposed regulations
generally prohibit a person from using information received from an
affiliate to make a solicitation for marketing purposes to a consumer,
unless the consumer is given notice, an opportunity, and a simple
method to opt out of the making of such solicitations.

Abstract: The FDIC is proposing to amend its regulations concerning
annual independent audits and reporting requirements, which implement
Section 36 of the Federal Deposit Insurance Act (FDI Act). Section 36
and the FDIC's implementing regulations are generally intended to
facilitate early identification of problems in financial management at
insured depository institutions with total assets above a certain
threshold (currently $500 million) through annual independent audits,
assessments of effectiveness of internal control over financial
reporting and compliance with designated laws and regulations, and
related reporting requirements.

Timetable:

Action

Date

FR Cite

NPRM

08/02/05

70 FR 44293

NPRM Comment Period End

09/16/05

Final Action

05/00/06

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

URL For More Information:
http://www.fdic.gov/regulations/laws/federal/propose.html

URL For Public Comments:
http://www.fdic.gov/regulations/laws/federal/2005/05comaudits.html

Abstract: The FDIC received a petition for rulemaking to preempt
certain laws with the stated purpose of establishing

[[Page 23634]]

parity between national banks and state-charted banks in interstate
activities and operations. The petition also requested rulemaking to
implement the interest rate authority contained in the Federal Deposit
Insurance Act.

Timetable:

Action

Date

FR Cite

NPRM

10/14/05

70 FR 60019

Final Action

To Be Determined

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

URL For More Information:
http://www.fdic.gov/regulations/laws/federal/propose.html

URL For Public Comments:
http://www.fdic.gov/regulations/laws/federal/propose.html

Abstract: This rulemaking sponsored jointly by OCC, FRB and FDIC,
amends their market risk rules to revise the capital treatment for cash
collateral that is posted in connection with certain securities
borrowing transactions. The effect of the rule is to more appropriately
align the capital requirements for these transactions with the risk
involved and to provide a capital treatment for U.S. banking
organizations that is more in line with the capital treatment applied
to their domestic and foreign competitors.

Abstract: OCC, FRB, FDIC, and OTS are reviewing their regulations to
reduce burden imposed on insured depository institutions as required by
section 2222 of the Economic Growth and Regulatory Act of 1996.

Abstract: The FDIC revised its insurance regulations for accounts of
qualified tuition savings programs under section 529 of the Internal
Revenue Code. Qualified tuition savings programs or prepaid tuition
plans may be established by states or state instrumentalities under
section 529 of the Internal Revenue Code.

Timetable:

Action

Date

FR Cite

Interim Final Rule

06/09/05

70 FR 33692

Interim Final Rule Comment Period End

08/08/05

Final Action

10/28/05

70 FR 62057

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

URL For More Information:
http://www.fdic.gov/regulations/laws/federal/index.html

URL For Public Comments:
http://www.fdic.gov/regulations/laws/federal/index.html

Abstract: This proposed rule would clarify that a certification
concerning the assumption of deposits is required only when all of an
insured institution's deposit liabilities have been assumed, and that
no certification is required for partial deposit assumptions.

Timetable:

Action

Date

FR Cite

Final Action

02/21/06

71 FR 8789

Regulatory Flexibility Analysis Required: No

Small Entities Affected: No

Government Levels Affected: None

URL For More Information:
http://www.fdic.gov/regulations/laws/federal/final.html